Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual (KWD)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	310.87M	195.93M	313.55M	240.41M	231.88M
Cash & Short-Term Investments	722.18M	505.47M	517.54M	380.67M	352.56M
Receivables	799.31M	704.29M	685.82M	618.23M	511.27M
Inventory	58.03M	78.32M	54.95M	48.14M	59.22M
Current Assets	2.09B	1.55B	1.39B	1.44B	1.07B
PP&E	1.58B	1.35B	1.24B	1.17B	1.38B
Goodwill	538.75M	536.00M	533.81M	568.92M	584.57M
Intangible Assets	1.39B	1.42B	1.50B	1.56B	1.56B
Total Assets	5.91B	5.26B	5.00B	4.95B	4.80B
Liabilities
Accounts Payable	1.16B	0.91B	0.79B	0.70B	0.72B
Current Liabilities	1.90B	1.94B	1.37B	1.39B	1.49B
Long-Term Debt	1.61B	0.97B	1.30B	1.36B	0.90B
Short-Term Debt	89.75M	87.79M	25.09M	23.92M	46.36M
Total Debt	2.14B	1.83B	1.65B	1.67B	1.49B
Total Liabilities	3.95B	3.30B	3.04B	3.05B	2.99B
Equity & Ownership
Retained Earnings	216.35M	-207.46M	673.38M	609.35M	556.14M
Total Equity	1.96B	1.96B	1.96B	1.90B	1.81B
Net Debt	1.42B	1.32B	1.13B	1.29B	1.14B
Shares Outstanding	4,327,058,909	4,327,058,909	4,327,058,909	4,327,058,909	4,327,058,909
Cash & Assets
Total Assets	5.91B	5.26B	5.00B	4.95B	4.80B
Total Current Assets	2.09B	1.55B	1.39B	1.44B	1.07B
Cash & Equivalents	310.87M	195.93M	313.55M	240.41M	231.88M
Cash & Short-Term Investments	722.18M	505.47M	517.54M	380.67M	352.56M
Net Cash (Debt)	-1.42B	-1.32B	-1.13B	-1.29B	-1.14B
Net Cash Per Share	-0.33	-0.31	-0.26	-0.30	-0.26
Cash Growth	+42.9%	-2.3%	+36.0%	+8.0%	-23.3%
Accounts Receivable	631.89M	541.52M	523.11M	440.16M	351.73M
Other Receivables	167.42M	162.77M	162.71M	178.07M	159.54M
Receivables	799.31M	704.29M	685.82M	618.23M	511.27M
Inventory	58.03M	78.32M	54.95M	48.14M	59.22M
Prepaid Expenses	141.44M	152.64M	114.67M	130.50M	144.57M
Construction In Progress	430.44M	289.23M	223.19M	125.74M	140.34M
Land	114.71M	108.93M	108.30M	108.28M	106.30M
Machinery	3.40B	3.27B	3.08B	2.98B	3.11B
Property, Plant & Equipment	1.58B	1.35B	1.24B	1.17B	1.38B
Goodwill	538.75M	536.00M	533.81M	568.92M	584.57M
Other Intangible Assets	1.39B	1.42B	1.50B	1.56B	1.56B
Other Current Assets	364.72M	111.53M	16.99M	259.76M	4.91M
Other Long-Term Assets	102.29M	112.23M	59.69M	42.33M	57.67M
Long-Term Accounts Receivable	84.48M	69.87M	54.02M	49.16M	42.86M
Long-Term Leases	213.87M	184.09M	147.04M	85.38M	148.71M
Current Portion of Leases	40.19M	28.23M	28.86M	19.42M	33.60M
Loans & Investments
Trading Asset Securities	85.06M	51.50M	35.13M	34.13M	28.42M
Short-Term Investments	326.25M	258.04M	168.86M	106.13M	92.25M
Long-Term Investments	133.57M	221.57M	218.17M	114.13M	96.77M
Liabilities & Obligations
Total Liabilities	3.95B	3.30B	3.04B	3.05B	2.99B
Total Liabilities & Equity	5.91B	5.26B	5.00B	4.95B	4.80B
Total Current Liabilities	1.90B	1.94B	1.37B	1.39B	1.49B
Accounts Payable	1.16B	0.91B	0.79B	0.70B	0.72B
Accrued Expenses	122.68M	157.74M	181.69M	189.04M	109.33M
Current Income Taxes Payable	27.73M	18.33M	19.12M	18.60M	23.90M
Current Unearned Revenue	53.21M	54.15M	63.38M	64.27M	90.85M
Long-Term Unearned Revenue	26.74M	6.75M	—	—	—
Other Current Liabilities	220.95M	132.74M	119.38M	185.34M	108.80M
Pension & Post-Retirement Benefits	58.19M	54.87M	51.47M	46.65M	40.91M
Other Long-Term Liabilities	140.01M	146.25M	165.51M	178.07M	404.12M
Debt & Funding
Long-Term Debt	1.61B	0.97B	1.30B	1.36B	0.90B
Short-Term Debt	89.75M	87.79M	25.09M	23.92M	46.36M
Total Debt	2.14B	1.83B	1.65B	1.67B	1.49B
Current Portion of Long-Term Debt	187.41M	556.82M	144.79M	189.64M	359.86M
Equity & Book Value
Shareholders' Equity	1.96B	1.96B	1.96B	1.90B	1.81B
Total Common Equity	1.21B	1.23B	1.25B	1.23B	1.19B
Common Stock	432.71M	432.71M	432.71M	432.71M	432.71M
Additional Paid-In Capital	1.26B	1.71B	1.71B	1.71B	1.71B
Retained Earnings	216.35M	-207.46M	673.38M	609.35M	556.14M
Comprehensive Income & Other	-0.70B	-0.70B	-1.57B	-1.52B	-1.51B
Minority Interest	748.71M	734.42M	714.28M	666.01M	622.58M
Book Value Per Share	0.28	0.28	0.29	0.28	0.27
Tangible Book Value	-710.08M	-731.21M	-790.67M	-902.59M	-958.38M
Tangible Book Value Per Share	-0.16	-0.17	-0.18	-0.21	-0.22
Filing Date Shares Outstanding	4.33B	4.33B	4.33B	4.33B	4.33B
Total Common Shares Outstanding	4.33B	4.33B	4.33B	4.33B	4.33B
Working Capital	184.60M	-389.22M	18.38M	49.90M	-421.03M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	310.87M	195.93M	313.55M	240.41M	231.88M
Cash & Short-Term Investments	722.18M	505.47M	517.54M	380.67M	352.56M
Receivables	799.31M	704.29M	685.82M	618.23M	511.27M
Inventory	58.03M	78.32M	54.95M	48.14M	59.22M
Current Assets	2.09B	1.55B	1.39B	1.44B	1.07B
PP&E	1.58B	1.35B	1.24B	1.17B	1.38B
Goodwill	538.75M	536.00M	533.81M	568.92M	584.57M
Intangible Assets	1.39B	1.42B	1.50B	1.56B	1.56B
Total Assets	5.91B	5.26B	5.00B	4.95B	4.80B
Liabilities
Accounts Payable	1.16B	0.91B	0.79B	0.70B	0.72B
Current Liabilities	1.90B	1.94B	1.37B	1.39B	1.49B
Long-Term Debt	1.61B	0.97B	1.30B	1.36B	0.90B
Short-Term Debt	89.75M	87.79M	25.09M	23.92M	46.36M
Total Debt	2.14B	1.83B	1.65B	1.67B	1.49B
Total Liabilities	3.95B	3.30B	3.04B	3.05B	2.99B
Equity & Ownership
Retained Earnings	216.35M	-207.46M	673.38M	609.35M	556.14M
Total Equity	1.96B	1.96B	1.96B	1.90B	1.81B
Net Debt	1.42B	1.32B	1.13B	1.29B	1.14B
Shares Outstanding	4,327,058,909	4,327,058,909	4,327,058,909	4,327,058,909	4,327,058,909
Cash & Assets
Total Assets	5.91B	5.26B	5.00B	4.95B	4.80B
Total Current Assets	2.09B	1.55B	1.39B	1.44B	1.07B
Cash & Equivalents	310.87M	195.93M	313.55M	240.41M	231.88M
Cash & Short-Term Investments	722.18M	505.47M	517.54M	380.67M	352.56M
Net Cash (Debt)	-1.42B	-1.32B	-1.13B	-1.29B	-1.14B
Net Cash Per Share	-0.33	-0.31	-0.26	-0.30	-0.26
Cash Growth	+42.9%	-2.3%	+36.0%	+8.0%	-23.3%
Accounts Receivable	631.89M	541.52M	523.11M	440.16M	351.73M
Other Receivables	167.42M	162.77M	162.71M	178.07M	159.54M
Receivables	799.31M	704.29M	685.82M	618.23M	511.27M
Inventory	58.03M	78.32M	54.95M	48.14M	59.22M
Prepaid Expenses	141.44M	152.64M	114.67M	130.50M	144.57M
Construction In Progress	430.44M	289.23M	223.19M	125.74M	140.34M
Land	114.71M	108.93M	108.30M	108.28M	106.30M
Machinery	3.40B	3.27B	3.08B	2.98B	3.11B
Property, Plant & Equipment	1.58B	1.35B	1.24B	1.17B	1.38B
Goodwill	538.75M	536.00M	533.81M	568.92M	584.57M
Other Intangible Assets	1.39B	1.42B	1.50B	1.56B	1.56B
Other Current Assets	364.72M	111.53M	16.99M	259.76M	4.91M
Other Long-Term Assets	102.29M	112.23M	59.69M	42.33M	57.67M
Long-Term Accounts Receivable	84.48M	69.87M	54.02M	49.16M	42.86M
Long-Term Leases	213.87M	184.09M	147.04M	85.38M	148.71M
Current Portion of Leases	40.19M	28.23M	28.86M	19.42M	33.60M
Loans & Investments
Trading Asset Securities	85.06M	51.50M	35.13M	34.13M	28.42M
Short-Term Investments	326.25M	258.04M	168.86M	106.13M	92.25M
Long-Term Investments	133.57M	221.57M	218.17M	114.13M	96.77M
Liabilities & Obligations
Total Liabilities	3.95B	3.30B	3.04B	3.05B	2.99B
Total Liabilities & Equity	5.91B	5.26B	5.00B	4.95B	4.80B
Total Current Liabilities	1.90B	1.94B	1.37B	1.39B	1.49B
Accounts Payable	1.16B	0.91B	0.79B	0.70B	0.72B
Accrued Expenses	122.68M	157.74M	181.69M	189.04M	109.33M
Current Income Taxes Payable	27.73M	18.33M	19.12M	18.60M	23.90M
Current Unearned Revenue	53.21M	54.15M	63.38M	64.27M	90.85M
Long-Term Unearned Revenue	26.74M	6.75M	—	—	—
Other Current Liabilities	220.95M	132.74M	119.38M	185.34M	108.80M
Pension & Post-Retirement Benefits	58.19M	54.87M	51.47M	46.65M	40.91M
Other Long-Term Liabilities	140.01M	146.25M	165.51M	178.07M	404.12M
Debt & Funding
Long-Term Debt	1.61B	0.97B	1.30B	1.36B	0.90B
Short-Term Debt	89.75M	87.79M	25.09M	23.92M	46.36M
Total Debt	2.14B	1.83B	1.65B	1.67B	1.49B
Current Portion of Long-Term Debt	187.41M	556.82M	144.79M	189.64M	359.86M
Equity & Book Value
Shareholders' Equity	1.96B	1.96B	1.96B	1.90B	1.81B
Total Common Equity	1.21B	1.23B	1.25B	1.23B	1.19B
Common Stock	432.71M	432.71M	432.71M	432.71M	432.71M
Additional Paid-In Capital	1.26B	1.71B	1.71B	1.71B	1.71B
Retained Earnings	216.35M	-207.46M	673.38M	609.35M	556.14M
Comprehensive Income & Other	-0.70B	-0.70B	-1.57B	-1.52B	-1.51B
Minority Interest	748.71M	734.42M	714.28M	666.01M	622.58M
Book Value Per Share	0.28	0.28	0.29	0.28	0.27
Tangible Book Value	-710.08M	-731.21M	-790.67M	-902.59M	-958.38M
Tangible Book Value Per Share	-0.16	-0.17	-0.18	-0.21	-0.22
Filing Date Shares Outstanding	4.33B	4.33B	4.33B	4.33B	4.33B
Total Common Shares Outstanding	4.33B	4.33B	4.33B	4.33B	4.33B
Working Capital	184.60M	-389.22M	18.38M	49.90M	-421.03M

Financials

Annual (KWD)

MOBILE TELECOMMUNICATIONS COMPANY

Annual (KWD)